Love her to pieces.

We are considering refinancing our home to draw out more equity and begin flipping.

The upper unit is not generating enough to pay the mortgage, insurance, taxes and it is COSTING me $550 a month to own this property.  

Eligible occupations: Includes military personnel, veterans, law enforcement, first responders, educators, healthcare professionals, and childcare workers.Assistance amount: Up to 5% of the first mortgage loan amount, with a cap of $35,000.Key features: The assistance is provided as a 0% interest, deferred second mortgage, with no monthly payments.

Quote from @Matt Williams: I just completed a BRRR, and in looking at the amortization schedule I noticed how little principal is paid in the first years.  

Definitely will be looking at ways to adopt this! 

A furnished month to month or mid term rental will need a few considerations that you might not have for an unfurnished rental. 

Requesting feedback in regards to our current mortgage.

Andy - great post. do you know if this applies to fha loans?

If the seller has to sell their wrap note to pay off the underlying lien, they're going to take a massive discount at note rate of 4.5%.